Global Rockfall Radar Market to Experience Massive Growth by 2031 with the Growing Demand for Rockfall Radars in Open-Pit Mines

Rockfall is a common event in mountainous areas due to its quick and unpredictable movement, as well as the difficulty in spotting signs of instability and block separation. In comparison to other types of sliding, the percentage of rockfall research is less and sometimes unknown, although substantial growth in this area has been demonstrated in the last five years. Therefore, automatic real-time detection of rockfalls is necessary for tracking activities such as rockfalls or for prompt notification, such as road closures. The rockfall radar can be utilized as a stand-alone solution or as an addition to structural measures.

Rockfall radar is used to identify and track rockfall events on railway lines, rock-cut roadways, tunnels, quarries, etc. The hazards of landslides and rockfalls are spatially connected. The difference between landslides and rockfalls is that in a rockfall disaster, rocks lose touch with the slope, whereas in a landslide disaster, rocks always remain in contact with the slope. Rockfall disasters can harm individuals and cause significant damage to vehicles and infrastructure. Rockfall radar detects the risk of rockfalls in real time and may operate in snow, rain, and other weather conditions. Additionally, it offers a broad range for the analysis of rockfall-prone locations. The global rockfall radar market is expanding at a rapid pace due to strict laws and restrictions put in place by governments in developed nations to prevent the possibility of rockfall.

Newest Insights in the Rockfall Radar Market

The rise in the need for avalanche and rockfall radar, particularly in the defense and military sectors around the world have benefited the rockfall radar market. As per a report by Research Dive, the global rockfall radar market is expected to surpass a revenue of $285.6 million in the 2022-2031 timeframe. The Europe rockfall radar market is expected to perceive foremost growth in the years to come. This is because the region has a massive demand for rockfall radar owing to the growing concern about protecting highway users and infrastructure from hazards such as landslides, avalanches, and rockfalls in the region.

How are Market Players Responding to the Rising Demand for Rockfall Radar?

Market players are greatly investing in innovative research and inventions to cater for the rising demand for advanced and creative methods to prevent or predict rockfalls. Some of the foremost players in the rockfall radar market are SkyGeo, TERRASIGNA, Geobrugg AG, Hexagon AB, TRE ALTAMIRA, GroundProbe, Canary Systems, Geomotion Australia, and others. These players are planning and implementing strategies such as mergers and acquisitions, collaborations, novel advances, and partnerships to attain a remarkable position in the global market. For instance:

• In May 2019, Hexagon AB, a leader in digital solutions around the world, launched IDS GeoRadar RockSpot, a radar device that closes a major gap in the observation of both naturally occurring and artificially created slopes. The system is capable of detecting, tracking, and analysing even the smallest motions caused by avalanches, rockfalls, and other rapidly moving landslide debris flows.
• In July 2019, Reutech Mining, a market leader in innovative geotechnical slope stability monitoring radar systems, launched the MSR Esprit, the industry's most advanced and quickly scanning slope monitoring radar.
• In June 2021, GroundProbe, a global technology leader specializing in real-time geohazard measurement and monitoring, launched RGR-Velox, a reactive geohazard monitoring doppler radar.

COVID-19 Impact on the Global Rockfall Radar Market

The abrupt rise of the coronavirus pandemic in 2020 adversely impacted the global rockfall radar market. During the pandemic period, the transport industry was among those that suffered the most severe consequences, particularly in the case of roads and highways. Rockfall poses a significant risk for rock-cut roadways in mountainous areas, resulting in significant damage and casualties. Traffic volumes decreased significantly around the world, lowering the demand for operations and maintenance tasks. Additionally, the mining industry was badly harmed during the pandemic as a result of the many stringent measures imposed by governments to prevent the spread of COVID-19. The virus caused a halt in investment activity related to construction. All these factors greatly reduced the demand for rockfall radar systems amidst the pandemic. However, the global rockfall radar market is likely to recover from the incurred losses in the post-pandemic period due to growing construction activities and transportation.